Sunday, October 4, 2020

yearn.finance and the Protocol Sink Thesis [Notes]

 


This post attempts to assess yearn.finance in terms of the Bankless Protocol Sink Thesis.

At it's core, yearn.finance is a automated money manager that automatically allocates tokens into the highest-yielding protocol(s).

In order, this post touches on

  • Density
  • Utility
  • Surface Area of Attack
Full notes on the protocol sink thesis are at the end.